(Note, when I say "you" in this thread, I mean that generically, not specifically to the OP)
The basic problem with even trying to do something like this is gathering a huge collection of recent sales data on these cars.
Ultimately, though, and I swear I *hate* hearing this sentence, but . . . "It's worth what someone's willing to pay for it."
Or, "It's worth what they guy who wants your particular year/make/model/stock-or-modified-combination is willing to pay for it."
Which, in effect, is almost no answer. Or, maybe "How long are you willing to wait for the buyer who REALLY wants your car, and how much effort are you willing to put into finding that buyer?"
Classic example right in this thread:
So, while theoretically the 442 in the same shape as a 2+2/aero coupe/GN would be worth the same, for t01blaze, the 442, otherwise in equivalent condition, is worth less than the others.
It's a ridiculously subjective market. Not just WHAT the prospective buyer wants, but WHY they want it.
Heck, on CL, there's this 1979 Grand Prix somewhere in my area. Guy's had it listed for quite some time - and, oddly, I would LIKE to have a very low mileage 1979 231 A/G body (a tad more power that year, the first year of the taller heads on the V6, AC equipped). Looks exceptionally clean.
However, I'm not willing to pay what the owner's asking. Originally was a little more than now, but the owner dropped the price once, and there the price has stayed for a few months. I think that, even in its condition, for a V6 car, it's overpriced. I might well be a cheap SOB in thinking so, or the consensus might be that I'm right in thinking it's overpriced.
BUT, I'd also want to use it as a "classic driver". That has some effect on what I'm willing to pay or not pay as well.
The economy also affects these things.
It's just really hard to determine...
The basic problem with even trying to do something like this is gathering a huge collection of recent sales data on these cars.
Ultimately, though, and I swear I *hate* hearing this sentence, but . . . "It's worth what someone's willing to pay for it."
Or, "It's worth what they guy who wants your particular year/make/model/stock-or-modified-combination is willing to pay for it."
Which, in effect, is almost no answer. Or, maybe "How long are you willing to wait for the buyer who REALLY wants your car, and how much effort are you willing to put into finding that buyer?"
Classic example right in this thread:
t01blaze said:..........................................$8k on a more rare car like an aero coupe, 2+2 or GN (I don't care for the 442, sorry) that is clean, unmolested and unrestored.
So, while theoretically the 442 in the same shape as a 2+2/aero coupe/GN would be worth the same, for t01blaze, the 442, otherwise in equivalent condition, is worth less than the others.
It's a ridiculously subjective market. Not just WHAT the prospective buyer wants, but WHY they want it.
Heck, on CL, there's this 1979 Grand Prix somewhere in my area. Guy's had it listed for quite some time - and, oddly, I would LIKE to have a very low mileage 1979 231 A/G body (a tad more power that year, the first year of the taller heads on the V6, AC equipped). Looks exceptionally clean.
However, I'm not willing to pay what the owner's asking. Originally was a little more than now, but the owner dropped the price once, and there the price has stayed for a few months. I think that, even in its condition, for a V6 car, it's overpriced. I might well be a cheap SOB in thinking so, or the consensus might be that I'm right in thinking it's overpriced.
BUT, I'd also want to use it as a "classic driver". That has some effect on what I'm willing to pay or not pay as well.
The economy also affects these things.
It's just really hard to determine...